Describe the financial pressure
A hardship discussion starts with the balance, income, necessary expenses and available assets. Use current figures and explain unusual changes instead of presenting an estimate as a confirmed amount.
A calm review begins with the notice, return or payment record that started the question. A clear account of the tax year and deadline helps distinguish account review from payment planning. In Maple Grove, MN, the listed business can explain what the proposed service would involve and what records may be useful.
Understand collection-delay status
The IRS may place an account in a collection-delay status when it determines a taxpayer cannot pay while meeting necessary expenses. Interest and penalties may continue, and the balance does not disappear.
A calm review begins with the notice, return or payment record that started the question. A clear account of the tax year and deadline helps distinguish account review from payment planning. In Maple Grove, MN, the listed business can explain what the proposed service would involve and what records may be useful.
Compare other paths
A payment plan, offer in compromise, penalty question or account correction may address a different problem. Ask why a hardship review is being considered and what other options should be discussed.
A calm review begins with the notice, return or payment record that started the question. A clear account of the tax year and deadline helps distinguish account review from payment planning. In Maple Grove, MN, the listed business can explain what the proposed service would involve and what records may be useful.